Koontz-Wagner Custom Controls

Terms & Conditions

An 18% buyer`s premium will be charged on all assets.The buyer`s premium will be reduced to 16% for all onsite and Hilco webcast buyers if payment is made by means of cash, cashier’s check, company check (with bank letter of guarantee) or wire transfer within 48 hours of sale close.

All bidders residing outside of the United States or Canada are required to submit via wire transfer a qualifying deposit of 25% of their total expected purchases. Deposit instructions will be emailed upon registration. Deposit must be received and confirmed prior to start of auction, and can take up to 72 hours to clear. Please register at least 3 business days prior to sale to allow sufficient time to process deposit.